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Terms of Use - Subscriber

(These terms apply to subscribers.)


BrainChild Software, Inc. ('BrainChild')
Financial Wonder Formulas

This is a legal agreement between you, the end user, and BrainChild Software, Inc. BY USING OUR SOFTWARE AND OUR WEBSITES, YOU ARE AGREEING TO BE BOUND BY THE TERMS OF THIS AGREEMENT. IF YOU DO NOT AGREE TO THE TERMS OF THIS AGREEMENT, PROMPTLY STOP USING OUR SOFTWARE AND OUR WEBSITES.

1. GRANT OF LICENSE. BrainChild grants to you the right to use our Financial Wonder software programs provided or hosted from our websites, Microsoft Excel templates, other templates, and those sent or provided to the user by any means (the 'SOFTWARE').

2. LICENSED USER. You agree to pay BrainChild or its suppliers a license fee for each user who will be performing calculations during the subscription period. For full access, www.FinancialWonder.com/FWExcel.aspx requires a license number, in the form of a company and a department number (referred to as the ‘license number’). BrainChild provides a minimum of 2 user licenses, so that 2 people can be fully licensed. You may provide the results of your work to as many people as you chose. However, only licensed identified individuals can provide data feeds to www.FinancialWonder.com/FWExcel.aspx using a license number.

IMPORTANT LICENSING NOTE
It is the subscriber’s responsibility to identify those licensed users for their own records. Subscribers are NOT permitted to change the identity of licensed users every few seconds, or for that matter every few days. We understand that new employees may replace former employees, and the need for Financial Wonder Formulas may shift within a department as projects start and complete. Under these rules, subscriber’s may shift the identity of the licensed users, similar to the common procedure of uninstalling commercial software and re-installing on another’s computer, however, since our service is hosted, this common software procedure cannot be used. But the principle of purchasing a sufficient number of licenses to allow those who will be using the SOFTWARE are using licensed copies still prevails.

If we see consistent shifting of IP addresses, and an unlikely pattern of usage, your account will be suspended. To avoid this, we provide deep discounts for multiple licenses. If you have questions concerning this, please contact us. We ask that you be reasonable in your licensing of our service. BrainChild will be the ultimate decider concerning reasonableness. If necessary, BrainChild maintains the right to cancel any subscription that we feel is not complying with our licensing provisions, and the remaining portion of the subscription fee will be refunded.

CUSTOM APPLICATION LICENSING NOTE
Licensing allows subscribers to include access to www.FinancialWonder.com/FWExcel.aspx into their custom application, which may be hosted from one computer. Our licensing relates to end-users, not the number of computers actually submitting requests to our website. If one computer performs requests for 100 end-users, then licensing requires 100 licenses. By the same logic, if 2 end-users have 3 computers each, then 2 licenses are sufficient.

3. COPYRIGHT. The SOFTWARE is owned by BrainChild Software, Inc. and is protected by United States copyright laws and international provisions. Therefore, you must treat the SOFTWARE like any other copyrighted material. You may not copy our software, for other than your personal use. Only licensed users may perform calculations using the software.

4. OTHER RESTRICTIONS. You agree
a. NOT to rent or lease the SOFTWARE.
b. NOT to use the SOFTWARE in a computer service business, software rental business, timesharing, interactive cable television or multiple user arrangement.
c. NOT to make alterations or modifications to the SOFTWARE.
d. NOT to assign or grant sublicense, leases, or other rights to this SOFTWARE to others.
e. NOT to reverse engineer, decompile, disassemble, reverse translate, or in any manner decode this SOFTWARE for any reason.
f. NOT to use the SOFTWARE, written materials accompanying the software, printouts from or screen prints of the SOFTWARE, and databases or spreadsheet files created by the SOFTWARE, in such a manner that will infringe on copyrights or trademarks of BrainChild or other ownership by BrainChild. It is agreed that all printouts, databases and spreadsheet files created by the SOFTWARE is covered by copyrights of BrainChild.

You agree to use all reasonable means to prevent others from violating these conditions.

5. LIMITATIONS OF WARRANTY AND LIABILITY: THE FOREGOING WARRANTY IS THE ONLY WARRANTY MADE BY BRAINCHILD AND ITS SUPPLIERS. ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE EXPRESSLY DISCLAIMED.

IT IS UNDERSTOOD AND AGREED THAT BRAINCHILD'S LIABILITY FOR ANY LOSSES SUFFERED BY YOU SHALL NOT EXCEED THE RETURN OF THE AMOUNT OF THE LICENSE FEE PAID BY YOU TO BRAINCHILD SOFTWARE. IN ADDITION, BRAINCHILD AND ITS SUPPLIERS SHALL HAVE NO LIABILITY WHATSOEVER FOR SPECIAL OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS) OF YOU OR ANY THIRD PARTY, EVEN IF BRAINCHILD OR ITS SUPPLIERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. NO ACTION, REGARDLESS OF FORM, ARISING OUT OF THE TRANSACTIONS UNDER THIS AGREEMENT MAY BE BROUGHT BY YOU MORE THAN ONE YEAR AFTER THE CAUSE OF ACTION HAS ACCRUED.

IT IS FURTHER UNDERSTOOD AND AGREED THAT BRAINCHILD AND ITS SUPPLIERS WILL NOT BE RESPONSIBLE FOR THE QUALITY AND PERFORMANCE OF THE SOFTWARE, WRITTEN MATERIALS ACCOMPANYING THE SOFTWARE, AND THE DATABASE AND SPREADSHEET FILES CREATED BY THE SOFTWARE. BRAINCHILD DOES NOT WARRANT THAT THIS SOFTWARE WILL MEET YOUR REQUIREMENTS OR THAT OPERATION WILL BE ERROR FREE. You assume all risks with respect to the accuracy, adequacy, quality, reliability, and performance of the software and accompanying materials.

6. PAYMENT AND TAXES: You agree to pay BrainChild or its suppliers a license fee for each user who will be performing calculations during the subscription period, other than the more limited provisions provided for non-subscription users (for example, non-subscription users can be a demonstration company account number to perform limited calculations, and are allowed to use a free version of the website). All those using license numbers, in the form of company and department numbers or other serial or license type identifiers, sent to our websites, MUST be licensed and paid for.

You shall pay all taxes (local, state, and federal), including all sales and use taxes, which may now or hereafter be imposed upon this license, or the possession or use of this SOFTWARE, excluding, however, all taxes on or measured by BrainChild and its suppliers income.

7. SOFTWARE UPDATES: If BrainChild releases any updates or enhancements to the SOFTWARE, BrainChild will not be required to post any notices to the website, or otherwise notify any user of the changes, or past errors. Users acknowledge that changes to the SOFTWARE will be made on a continuous basis, and are offered to you at no charge.

The term 'updates' means all changes, modifications, fixes, and improvements to the SOFTWARE which affect its operating performance or efficiency, but do not alter the basic functions that it performs.

The term 'enhancements' means all changes and additions to the SOFTWARE which render it capable of performing additional basic functions that were not provided by the SOFTWARE originally supplied under this Agreement.

8. TECHNICAL SUPPORT: Support will be provided through email. BrainChild has the option to limit its support if it feels that the requests are excessive, or not reflective of the number of licenses subscribed.

9. TERM OF THIS AGREEMENT: This license is effective for the monthly, annual or other period purchased, and for the number of licenses purchased. This License will terminate immediately if you fail to comply with any term or condition herein. You agree to return all or destroy all copies of the SOFTWARE and to return all written materials accompanying the software. There will be no refund of any monies or other consideration paid by you.

10. OTHER: This Agreement may not be assigned by you to any other person, firm, or corporation without the express written approval of BrainChild, which approval will not be unreasonably withheld.

11. ENTIRE AGREEMENT: The parties have read this Agreement and agree to be bound by its terms, and further agree that it constitutes the entire and exclusive agreement of the parties and supersedes all previous communications, representations, or agreements, either oral or written, between them. No representations or statements of any kind made by any representative of BrainChild and its suppliers which are not stated herein shall be binding on BrainChild and its suppliers.

This Agreement is governed by and construed in accordance with the laws of the State of New York. All actions shall be filed in Nassau County, New York.

In the event that one or more of the provisions contained in this Agreement shall be illegal, invalid, void, unenforceable, or inoperative, such provision shall not affect any other provision and the remainder of this Agreement shall continue in full force and effect.